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Fast Market Research recommends "MediPoint: Companion Diagnostic Tests in Oncology - APAC Analysis and Market Forecasts" from GlobalData, now available

Boston, MA -- (SBWIRE) -- 06/06/2014 -- A companion diagnostic test is defined as an in vitro diagnostic device or an imaging tool whose use allows the safe application of a therapy. In-vitro Companion Diagnostic tests measure the expression or presence of a specific biomarker that is linked to a disease condition or therapy. This report provides an analysis of the companion diagnostic market for four major cancers in the US, the 5EU (France, Germany, Italy, Spain, and UK), Brazil, and the some of the Asia-Pacific (APAC) regions (Japan, China, and India), and identifies the unmet needs in this companion diagnostics market. This report analyses companion diagnostic tests used in breast, colorectal, melanoma and non-small cell lung cancer. This report also discusses physician attitudes towards current companion diagnostic tests, and the future of companion diagnostic tests. This report focuses on the major test kits that are supplied to pathology laboratories.

GlobalData estimates the APAC companion diagnostic test market, for breast cancer companion diagnostic tests, principally HER2 tests, to have been worth $12.9m in 2012. In China, there has been excellent progress in uptake of HER2 testing among the urban population, thanks to efforts to train pathologists, with IHC uptake rates expected to be comparable to western countries by 2014. In India, HER2 testing has been longer-established than in China, but India shows only modest increases in uptake of HER2 IHC testing. In both countries, FISH test uptake is restricted by the patient's ability to pay, as these tests are not reimbursed by the state healthcare systems.

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